High-low method and cost formula for maintenance, Accounting Basics

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High-low method and cost formula for maintenance

At an activity level of 6,000 units the cost for maintenance is $7,200 and at 10,000 units the cost for maintenance is $11,600. Using the high-low method, the cost formula for maintenance is:

a. $1.20 per unit

b. $1.16 per unit

c. $1,200 plus $1.10 per unit

d. $600 plus $1.10 per unit

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Accounting Basics: High-low method and cost formula for maintenance

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Accounting Basics: High-low method and cost formula for maintenance

Reference No:- TGS076688

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: High-low method and cost formula for maintenance

Reference No:- TGS076688

Recent Questions Asked Accounting Basics

Q : Financial statements for exteral reporting purposes

Q : What percentage of the depreciation would appear

Q : Total variable maintenance cost at an activity level

Q : Conversion costs using weighted-average process costing

Q : High-low method and cost formula for maintenance

Q : Budgeted direct labor costs problem

Q : Shareholders as a property dividend

Q : Using activity-based costing-machining costs assigned

Q : What is the amount of company y check

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